ANALYSIS 🔎 - MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH. - The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a symmetrical triangle pattern. - There's a possible uptrend continuation.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.